Are you being buried in cheques? How do you get people paid easily? How are you paying bills? How are your employees getting paid? Would you like this to be more automated while still having approval control?

There are 2 separate options that we use frequently:

Bank payment

Pros:

You can Email transfer money – though this is expensive, but it is basically instant.

Set up EFT system through banking

the setup can be expensive

Once set up you need to plan how many days it will take to get people paid (vendors not as critical as payroll for timing)

Both of these your bookkeeper can do with the correct access – depending on setup you can have them set up the payment and you approve-

talk to your bank and bookkeeper to set this up properly from the start

Can pay Vendors and Payroll

Cons:

Bookkeepers have to manually add transactions (usually) so there is a data entry component

Can need a separate login and setup for government remittances

Can get expensive depending on monthly fees and number of transactions 0 depending on your banks fees

Email transfers have a low daily limit that can limit what you can pay – this can get very problematic for payroll